Letshego profits breach P1bn mark

Tuesday, March 01, 2016

Pan-African focused micro lender, Letshego has exceeded P1 billion in profit before tax, a two percent increase from the P970 million recorded in the prior year, according to the group’s financial results for the year ended December 31, 2015.

Managing director, Chris Low told the media it is the first time their profit before tax exceeded the billion mark with underlying profitability up five percent excluding foreign exchange differences.

“We are pleased to report good growth, performance and returns as we continue to deliver on our strategic agenda. We continue to strengthen our operations through investment in technology, people as well as strategic partnerships.

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Letshego profits breach P1bn mark

Pan-African focused micro lender, Letshego has exceeded P1 billion in profit before tax, a two percent increase from the P970 million recorded in the prior year, according to the group’s financial results for the year ended December 31, 2015.

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Inspect the voters' roll!